As per the exchange circular, brokers are required to review clients financial details and proofs periodically to allow clients to continue trading in derivative segments.

Any of the below documents will suffice as financial proof:

  1. Latest 6 months Bank account statement, bank statement with the bank logo and seal in the name of the account holder
  2. Latest 3 months salary slip
  3. Copy of latest ITR acknowledgment
  4. Copy of Form 16 in case of salary income

Below is the process to update your income details online from BOX back office login.

  1. Login to BOX 
  2. Click on your Name (Available at top right corner)
  3. Click on Upload Income details
    Income Details Screen 1
  4. Select your income range and upload the soft copy of any of the above mentioned financial proofs. (PDF, JPG, JPEG & PNG only). Please do not upload the password protected document.
    Income Details Screen 2

We will be sending the approval/rejection status via E-mail. If the financial proof you have uploaded is rejected, you will have to re-upload another financial proof by following the above procedure.

Important to note:

If the income level you mentioned to us is too low looking at your trading activity then the exchange may ask us to disable your account for derivative trading. On account of the exchange regulation, you are requested to update your income details with us to avoid any inconvenience to your trading.



  1. Venu Ancha

    Is this for traders who are in derivative segments ? or it is mandatory for investors also ? if yes for Investor, currently I don’t have a job. In this case, what should I upload ? please let me now

    1. Sushma Shivanagi Article Author

      This regulation is for all who have financial account. Even if you don’t have the job, you may still upload latest 6 months bank statement.

    1. Sushma Shivanagi Article Author

      Kindly call us at 022-61208000. After that dial 2 for support. Our team will guide you to complete the process of updating the income details. Since, you hold an account with us, its a regulatory requirement to update the income details periodically.

  2. Susheela

    I’m a housewife, and don’t have any business. What shall I use as my income proof I do not have any source of income?

    1. Sushma Shivanagi Article Author

      Hello Susheela,
      You just have to upload the latest 6 months bank statement to comply with the regulation.

    1. Sushma Shivanagi Article Author

      Hello Nishit,
      The copy of ITR that you have provided has not mentioned anything about your annual income. Hence, your request got rejected. Request you to provide us anyone among the below.
      1) Latest 6 months bank statement with the bank logo and seal in the name of account holder.
      2) Latest 3 months salary slip.
      3) Latest ITR acknowledgement that should have your income details
      4) Latest form 16

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